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19 October, 10:21

Which type of market structure is purely theoretical?

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Answers (2)
  1. 19 October, 13:39
    0
    Perfect Competition

    Explanation:

    Pure or perfect competition is a theoretical market structure in which the following criteria are met: All firms sell an identical product (the product is a "commodity" or "homogeneous").
  2. 19 October, 14:10
    0
    The answer is The Perfect Competition.
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